Monthly review | Famous Marxist Economist Prabhat Patnaik: Capitalism Cannot Exist Without Imperialism (Watch: Break Through News)
Rania Khalek asks, “What do you mean when you say ‘Imperialism?’ And: “How did the Global North come to dominate the Global South? These questions are perhaps the quintessential starting point for the next generation of activists and organizers, just as they were for those who came before them – and perhaps much longer than any. of us would like.
Specifically, Khalek says: “When most people think of imperialism, they think of wars and invasions to secure the resources of the Global North, or they think of Lenin’s definition as a stage of capitalism. But you claim that imperialism is an essential part of capitalism.
Patnaik explains: “It is impossible to imagine a closed capitalism, that is to say a capitalism in which there are only the workers and the capitalists and the state, which enforces the rules of the game. such an economy would be totally unsustainable… for two obvious reasons. One is that she needs external markets, which Rosa Luxemburg had talked about, and on the other hand, that she really needs a whole range of raw materials or primary products that she cannot do without but that she can’t produce either …
And that’s how the conversation began….
For the rest you can watch below or go to Breaking the news
0:50 What is imperialism?
28:06 Can we be like Denmark without imperialism?
31:39 India, neoliberalism, Modi, rise of fascism and farmers’ strike
48:07 Is China imperialist?
51:04 Sanctions and regime change wars
1:01:44 Class politics vs identity politics
1:19:23 Not all third world nationalisms are bad
1:23:43 Capitalism is the greatest ally of the Covid killings